Current situation, I rented a duplex out to a single mom with kids two months ago. She's on section 8. Section 8 pays 100% of the rent. I received a letter from section 8 saying that she got married so she'll need ...
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
I know that every situation is different regarding who the borrower is and the foreclosure regulations regarding the location, but I was wondering how often it happens and how the process usually pans out when purchas...
Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure. Any sugg...
March 17th will be my one year anniversary of joining BP! I went pro a few months back as well. I've read countless books, listened to almost all of the normal BP and BP Money podcasts, and have devoured more forum p...
Okay, so I ended up starting two threads in one day but while I was stressing over where I'm gonna end up living 3 months from now:
I feel like I'm having such a hard time deciding on what I want to do because I alwa...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals. And ever since this happen and me passing the state where my matabolism works faster t...
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
Our NIGHTMARE TENANT has been given a 7 day notice to vacate. There is an active water leak coming from her apartment for the second time. We told her we’d be bringing plumbers by this morning. She ADDED A LOCK to the...